Building New Markets for U.S. Peanuts. Peanut Industry Export Program Managed by APC as it benefits all segments - shellers, growers, manufacturers, allied.

Slides:



Advertisements
Similar presentations
Mexican Manufacturing Exports: The micro and macro perspectives September, 2014.
Advertisements

International Marketing Trade Update July Beef Consumption Growth U.S. +4.4% or +538 Thous MT Rest of World: +17% or nearly an additional 9 million.
Trends in the Global Fresh Produce Industry: Focus on Citrus DR. ROBERTA COOK Dept. of Ag and Resource Economics University of California Davis November.
U.S. Beef Exports Update for September 2012 November 2012.
State of the Confectionery Industry. Second half growth carries category Retail Sales – IRI 52 Weeks June % December % Manufacturers YTD Shipments.
Chapter 9: International Trade. Argument Against Free Trade Foreign goods crowd out our markets, reducing employment and sales Trade deficit increases.
The Tourist Trade. Who is Coming to America? International Arrivals to the U.S. Note: The category “Overseas” does not include North America. “North.
1 XI. Mutual Funds. 2 TOPICS TO BE DISCUSSED 1.THE U.S. MUTUAL FUND INDUSTRY 2.PERFORMANCE MEASUREMENT 3.BIAS IN INDUSTRY DATA 4.PERSISTENCE IN PERFORMANCE.
1-1 Chapter 1 WORLDWIDE DEVELOPMENTS. 1-2 Regional Developments Impacting Internationalization North American Free Trade Agreement (NAFTA) –U.S., Canada,
German Economy from Crisis to Boom: A Model for Recovery? October , 2010 Bangkok, Thailand Oliver Wieck Managing Director Department for International.
2014 NACo Annual Conference U.S. T R A D E R E P R E S E N T A T I V E E X E C U T I V E O F F I C E O F T H E P R E S I D E N T 1.
1 Mexico’s Automotive Sector May 2007 Prepared by: Office of Representation of Mexico’s Secretary of Economy in Japan Mexico-Japan Economic Partnership.
U.S. and World Cotton Economic Outlook January 2011 Prepared by: Economic Services National Cotton Council.
The Impact of Canadian Floriculture Imports on the U.S. Floriculture Industry Bruce W. Smith Center for Regional Development Department of Geography Bowling.
1 CHAPTER XXIV LOCATING PRODUCTS TO EXPORT & LOCATING EXPORT MARKETS  Why Export?  Product Considerations  Export Markets.
Enhancing Export of Fruit and Vegetables to EU markets Jose-Maria Garcia-Alvarez-Coque Polythecnic University, Valencia.
“As the state’s second largest economic driver, it’s a sector ripe with opportunity for business expansion, job growth, and is a driving force in our.
EXTREMES BEGET EXTREMES A Balanced Approach to Global Trade and the Role of Governments.
The U.S. and World Sugar Industries under the EU and DOHA Trade Liberalization Won W. Koo   Chamber of Commerce Distinguished Professor and Director  
Outlook for the U.S. Dairy Sector in 2012 Milton Madison Farm Service Agency U.S. Department of Agriculture Presented at the 2012 USDA Outlook Forum Washington,
The State of Ohio is an Equal Opportunity Employer and Provider of ADA Services Ohio’s Export Assistance Resources.
Free Trade Agreements: Helping U.S. Businesses Export.
Beef Industry Summer Conference Joint International Marketing Committee Trade Update Erin Daley Economist, USMEF July 31, 2010 Denver, Colorado.
Threats and opportunities in milk and dairy products trade
This is the American Confectionery Industry About the National Confectioners Association NCA candy makers have been manufacturing candy, one of life’s.
The European Market for Adhesives and Sealants October 20, 2010ARAC conference1 FEICA Bernard Ghyoot Secretary General.
Barriers and Obstacles. Introduction to Barriers  While doing business internationally may result in higher profits, there are often difficulties or.
APEC PTIN Food Safety Activities January 27, 2011.
The External Environment for Developing Countries June 2009 The World Bank Development Economics Prospects Group.
The largest growth opportunity for Florida manufactured product sales is EXPORTS.
Eric Wailes University of Arkansas, Division of Agriculture Dept of Agr. Econ. & Agribus. for SAEA Annual Meeting, Mobile, AL February 5, 2007 Impacts.
Inflation Report February Demand Chart 2.1 Nominal GDP (a) (a) At current market prices.
McGraw-Hill/Irwin © 2012 The McGraw-Hill Companies, All Rights Reserved Chapter 15: Multinationals and Migration: International Factor Movements.
McGraw-Hill/Irwin © 2012 The McGraw-Hill Companies, All Rights Reserved Chapter 3: Why Everybody Trades: Comparative Advantage.
Red Alder Export from the US Dr. Ivan Eastin Director, CINTRAFOR College of Forest Resources, UW Presented at the: Western Hardwood Association Annual.
Beef Industry Long Range Plan Goals. Beef Industry LRP Goal: Export 3.0 Billion Pounds by 2010 Source: USDA/USMEF Forecast 2011 Forecast 3.06 billion.
Chapter 10 Competition in the Global Marketplace: Should We Protect Ourselves from International Trade? Copyright © 2010 by the McGraw-Hill Companies,
Does the U.S. Feed the World? Economic Research Service U.S. Department of Agriculture.
Source: Bureau of Economic Analysis, U.S. Dept. of Commerce & WISERTrade State Exports North Carolina Exports as Share of Total State GDP
INTERNATIONAL FINANCE Lecture 6. Balance of Payment (Accounting of transactions) – Current Account – Capital Account Current Account (Purchase Summary)
Inflation Report May Demand Chart 2.1 World trade (a) Sources: CPB Netherlands Bureau for Economic Policy Analysis and OECD. (a) Volume measure.
McGraw-Hill/Irwin © 2012 The McGraw-Hill Companies, All Rights Reserved Chapter 6: Scale Economies, Imperfect Competition, and Trade.
2013 American Peanut Council Winter Conference December 12, 2013 Joanna Bonarriva U.S. International Trade Commission.
Source: Bureau of Economic Analysis, U.S. Dept. of Commerce & WISERTrade State Exports Louisiana Exports as Share of Total State GDP
Compelling Facts about Plastics Jan-Erik Johansson 30 th September,2009.
U.S. Poultry Industry At a Glance March 2, 2016 U.S. Poultry Industry At a Glance March 2, 2016 Jean Murphy, Senior Director USA Poultry & Egg Export Council.
OILSEED & WHEAT OUTLOOK: 2015/16 Scott Sindelar Minister-Counselor United States Department of Agriculture Foreign Agriculture Service
The U.S. Meat Industry: Economic Contributions. Economic Impact Meat and poultry are the largest sector of U.S. agriculture. In 2008, meat and poultry.
Forests of the World: 4 Billion Hectares 2010 Africa 17% 674 Million Hectares Asia 15% 593 Million Hectares Oceania 5% 191 Million Hectares Europe 25%
UKRAINE BUMPER CROP OF SFS IN 2016/17 AND SUNFLOWER OIL MARKET DEVELOPMENT Speaker: SVITLANA SYNKOVSKA, Marketing Director APK-INFORM AGENCY.
Increasing Global Consumption
Standard SSEIN1: Explain why we trade internationally.
Chapter 10 Protectionism Versus Free Trade: Can We Restrict Ourselves Into Prosperity?
Chapter 28 International Trade and Finance
International Trade Terms Made Simple
Abhishek Nanda Al Khaleej Sugar, Dubai
Contents Production – Country wise & Estimates Export – Country wise & Estimates World Peanut Overview & Estimates Conclusion basis data.
California Almond Industry Overview Key Industry Statistics
U.S. Beef Exports Update for November 2017
Jose G. Peña, Professor and Extension Economist-Management
International Economics
U.S. Beef Exports Update for September 2017
International Economics
5 The United States and the Global Economy.
5 The United States and the Global Economy.
U.S. Beef Exports Update for July 2017
Vietnam Rubber Industry: current situation and prospect for sustainable development Vietnam rubber association.
U.S. Pork Exports Update for January 2019
Presentation transcript:

Building New Markets for U.S. Peanuts

Peanut Industry Export Program Managed by APC as it benefits all segments - shellers, growers, manufacturers, allied Funded partially by industry and partially by the USDA’s Market Access Promotion Program Industry cash contributions total $348,000 (growers, $200,000; shellers, $110,000*, allied. $38,000) In 2010, the peanut industry received $3.5m

Markets Canada Mexico The European Union plus Norway and Switzerland Japan

Activities to Assist Sales Promotions with customers Generic promotions to stimulate peanut consumption where practical Trade shows Reverse trade missions and customer visits

Record U.S. Peanut and Product Export Value $341.8 million in 2010 Labels show values in $million, percentage shares of export value Source: U.S. Dept of Commerce Export data, Feb. 2011, Market Solutions LLC analysis $341.8 million in 2010

Top 20 U.S. Peanut & Product Export Markets, 2010 APC Target Products: Peanut kernels, inshell peanuts, peanut butter, blanched peanuts, snack peanuts. Calendar year data. Source: U.S. Department of Commerce data from GTIS, February, Market Solutions LLC analysis

246,000 mt of U.S. Peanut and Product Exports in 2010 Calendar year data Source: U.S. Department of Commerce data from GTIS, Market Solutions LLC analysis, February, Metric tons (mt) -10% +9%+24%-8% +1%

Peanut Kernels Account for 63% of Export Volume, But Only 53% of 2010 Export Value Figures in million dollars and metric tons (mt) Source: U.S. Department of Commerce data, Feb. 2011, Market Solutions LLC analysis $341.8 million in ,000 mt in 2010

U.S. Peanut Kernel Exports 154,519 m t, down 10% in 2010 Source: U.S. Department of Commerce data Feb 2011, Market Solutions LLC analysis MT

U.S. Inshell Peanut Exports 29,654 mt, up 9% in 2010 Source: U.S. Department of Commerce data from GTIS, Feb Market Solutions LLC analysis MT

Top U.S. Blanched Peanut Export Markets 17 Countries Account for Almost All Exports Source: U.S. Department of Commerce data Feb 2011, Market Solutions LLC analysis. MT

Changing Importance of Markets to U.S. Exports Source: U.S. Department of Commerce data, Feb 2011, Market Solutions LLC analysis $ U.S

2010 U.S. Peanut Export Markets Source: U.S. export statistics, Feb. 2011, Market Solutions LLC analysis

U.S. Peanut Exports to Canada, $ U.S. Source: U.S. Department of Commerce data, Feb 2011, Market Solutions LLC analysis

New Competition for Canada’s Kernel Imports Canada Peanut Kernel Imports, Total and U.S. Share, Metric tons Source: Stats Canada Import data, Feb 2011, Market Solutions LLC analysis

Near Record U.S. Share of Canada’s Inshell Imports Canada Inshell Peanut Imports, Total and U.S Share, Metric tons Source: Stats Canada data, Feb 2011, Market Solutions LLC analysis

U.S. Peanut Exports to Europe, $ U.S. Source: U.S. Department of Commerce data, Feb 2011, Market Solutions LLC analysis

Composition of Europe 29 Imports in 2010 Figures in million dollars GTIS data excluding intra-EU trade. Feb. 2011, Market Solutions LLC analysis $769 million in ,500 mt in 2010

U.S. Has 8% Share of Europe 29 Kernel Imports Europe 29 Peanut Kernel Imports, Total and U.S. Share, Metric tons EU-27 excluding intra trade plus Norway and Switzerland Source: GTIS data, Feb 2011, Market Solutions LLC analysis

Competition for Europe 29 Kernel Imports Europe 29 Peanut Kernel Imports, By Origin, Metric tons EU-27 excluding intra trade plus Norway and Switzerland Source: GTIS data, Feb 2011, Market Solutions LLC analysis

U.S,. Peanut Exports to Mexico, $ U.S. Source: U.S. Department of Commerce data, Feb 2011, Market Solutions LLC analysis

U.S. Share of Mexico’s Kernel Imports Hits 57% Mexico Peanut Kernel Imports, Total and U.S. Share, Metric tons Source: GTIS data, Feb 2011, Market Solutions LLC analysis

U.S. Peanut Exports to Japan, $ U.S. Source: U.S. Department of Commerce data, Feb 2011, Market Solutions LLC analysis

U.S. Share Captures 26% of Japan’s Kernel Imports Japanese Peanut Kernel Imports, Total and U.S. Share, Metric tons Source: GTIS data, Feb 2011, Market Solutions LLC analysis

U.S. Domestic Demand Strengthened in late 2010 Shelled peanuts converted to raw basis Source: USDA, Peanut Stocks & Processing, January 2011 and earlier, Market Solutions LLC analysis 000 lbs

Recommendations by UES Subcommittee Keep working in existing markets Continue to look for new opportunities